Just take a look around active listings, and you see a whole lot more price reductions than Pendings. 

I have the contract signed from the seller pending finance. 

I believe that when you buy right, you can invest profitably in any market, at any point in a cycle, with any pending legislation.

As of right now hes up to date on rent with agreement half first week and half 2 weeks later.. pending today which he is suppose to pay, but claims he wont.

Looks like its pending already.

A lot of my cash is tied up in a pending deal that I hope will sell soon.With that said, who has creative ideas about how I can come up with cash and get it fast!?

Pending listings were an average list $/SF of $165.44, down 0.6% from July 15 and made up 96.9% normal, 1.2% in REOs and 1.9% in short sales.

In service to me means advertised for rent at least, having an approved tenant pending, better. 

I'd also see if he has unpaid taxes, why is his credit bad and if  there are any pending lawsuits.

@William Thorn just happened to me 10 days ago, 3 days before I was ready to close on a piece of apartment land the neighbor filed a lis pendes and law suit claiming adverse possession rights.